Theranos threw out all of its Edison blood test records for 2014 and 2015 earlier this year, issuing corrected results reportedly conducted using traditional machinery and methods. Theranos documentary The Inventor on HBO shows Elizabeth Holmes speaking in a deep, low voice that some have said is fake. Had they told the full story, this documentary would be six hours long at least. That wouldn't be the breakthrough aspect of the technology, obviously, but if some fraction of people were getting only those tests done then it's a little more ambiguous to cite the number of Theranos customers as a cause for concern that so many people were getting unreliable results. Theranos, once valued at $9 billion, faces investigations by federal prosecutors and the Securities and Exchange Commission on whether the company misled investors about whether Edison … I don't know anything about blood testing other than having it done on me and I asked a lab tech why so much blood was necessary for the tests that were being done on me several years ago (it was just a standard full blood panel). Larry Busacca / Getty Images for Glamour This story is part of a group of stories called . It actually worked, but truthfully, it is a shit assay. Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives. They usually draw extra so they can re-run samples. Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. All the people working at Theranos just got dragged into two deluded mentally ill people's orbit. Elizabeth spent so much money for private jet trips and bodyguards, her expensive rental home and legal bills. r/Theranos. Holmes said she was inspired … Shultz essentially joined Theranos as an employee in the year of 2013 – well into Theranos’s success years Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in thousands of drugstores around the country. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. Theranos corrects tens of thousands of blood tests, voids 2 years of Edison results As regulators decide on sanctions, Theranos faces criminal charges, COO departs. 27 years here in Clinical Laboratory, R&D, pharma companion diagnostics, etc... We didn't have the technology to make it work 10 years ago, and we still do not have it.... New comments cannot be posted and votes cannot be cast. When the Theranos blood-testing device was utilized in the real-world, it was at just one location in Palo Alto and forty locations in one region of Arizona. Beth Mole - … Did Edison 4.0 begin to show any promise? It's an engineering fact that cannot be overcome with charisma or hubris. A second prototype, called the Edison, was designed in September 2007. I think you need a cool idea and an interesting idea. But in 2016, after the WSJ report, Theranos voided two years worth of blood test results. Some commercial analyzers already use 20-50uL of blood to run their tests. The last I heard on the podcast, I remember a number between more than 10 but less than 25. Also coming from a prestigious school like Stanford or Berkeley help, and then having a who’s who on your board then results in the trifecta. Hope she serves time. The documentary, albeit great, left out a lot of dirt on Theranos. Theranos founder Elizabeth Holmes, who promised to revolutionize blood testing, has been charged by the SEC with a "massive fraud" involving more than $700 million. There are even Reddit threads and YouTube videos dedicated to revealing fleeting moments when Holmes used her “real” voice. Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film My bullshit meter was pegged when I heard that they could do hundreds of tests on a single drop of blood. Much has been written about the $700 million investment in the company and its highest valuation of … We sent these machines back all the time because they read “error” constantly or we’d get a false positive result. Theranos’ Edison device was predicted to be a major innovation in the blood testing industry. Theranos was a health-care company built around a device called the Edison, a desktop-printer-sized blood tester that purported to quickly perform hundreds of scans on a micro-dose of blood. That is depressingly realistic. Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. Apparently, many people in the family have deep voices, including Holmes' grandmother. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. This subreddit was founded completely independently of the company. The fascinating story of Elizabeth Holmes and the Theranos scandal is frustratingly underexplored in Alex Gibney’s disappointing new film New comments cannot be posted and votes cannot be cast. First, there's the puzzle about Theranos’s "Edison machines." Theranos offered 250 different blood tests. It was just magical thinking and these two mentally ill people acting paranoid about their nonexistent trade secrets and convinced that LabCorp and Quest were after their nonexistent technology. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. It miniaturized existing laboratory instruments and packed them into one box. But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. She wanted to be a-- celebrated tech entrepreneur. John Carreyrou: She is a pathological liar. Theranos Awards & Accolades + Add Awards. The Theranos story needed a measured approach because there was so much involved, not the least of which was the idea that her hubris directly affected the … I think she's mentally ill (and was drunk on power) and probably Sunny is too since both of them were so intertwined for so long -- the book mentioned folie a deux and I think that hit the nail on the head. We know what these devices DID NOT do, but what functionality did Edison have that actually worked? Press J to jump to the feed. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. A fingerprick obtains interstitial blood, this is blood not directly from the veins/capillary, but in the surrounding space. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. Using a fingerprick to collect a small amount of blood to fill the company’s proprietary “nanotainers”, the test is significantly less-invasive compared to traditional blood-draws using an intravenous needle. Since Wall Street Journal reporter John Carreyrou wrote his first investigative piece on Theranos in 2015, exposing the company as a carefully constructed house of cards, people have been fascinated by the woman who dropped out of Stanford and founded the company at age 19. Theranos initially defended its technology, but subsequently agreed to shut down its labs and testing centers. I been following this story for over a year, I'm really fascinated with it. So samples are run on a device that already has been through FDA validation, then those samples are run on the device being developed (Edison). Reddit; Pocket; Flipboard; Email; Theranos CEO Elizabeth Holmes. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. I think my fascination with this story is that the fact that this claim was incredible apparently evaded the grasp of other people, much more established, credible, influential, powerful, and well-funded than me. 03:28 – The story of Theranos. Cookies help us deliver our Services. And she will go to extreme lengths to … Theranos did provide an Edison prototype and sample testing kits to a Walgreens executive. It wouldn't surprise me if there were actually tests that could easily be done on a couple drops of blood from a fingertip. 2 months ago. r/Theranos: A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. She kept referencing a Thomas Edison quote, that if you fail ten thousand times, that’s so you get it right the ten thousand and first time.” – Nastaran Tavakoli-Far. Any test could be attempted on a fingerprick blood sample. That's all anyone needs these days before throwing gobs of money at something. There are many companies that are developing diagnostics tests with smaller quantities of blood. Former Theranos colleagues suspect the relationship is a ploy with one end game: keep Elizabeth Holmes out of the slammer. A finger prick sample size is not large enough to accurately measure that amount, especially when diluted. According to Vanity Fair, … This subreddit was founded completely independently of the company. In 2005, Holmes hired a scientist named Ian Gibbons to develop the technology Theranos promised. Despite the hype and company claims, Theranos shared few details on how its Edison machine — named after the inventor — worked. Theranos did hire some experts in hematology and molecular biology to help develop the Edison, but none of this scientific expertise was reflected in its leadership. The answer was that those tests require a decent amount of blood to get a good, accurate result. When I first heard of Theranos, I felt that the main technological innovation was in the testing, not the "Nanotainer." She kept referencing a Thomas Edison quote, that if you fail ten thousand times, that’s so you get it right the ten thousand and first time.” – Nastaran Tavakoli-Far. The majority of blood tests are testing the amount of a chemical. Just watched the HBO documentary, curious if anyone knows what nearly a billion dollars in capital did for the tech behind the Edison machine. Much has been written about the $700 million investment in the company and its highest valuation of $9 billion. User account menu. One of the methods they use to determine if their test/device is working properly is they match the output of data from the device to a predicate device/method. By using our Services or clicking I agree, you agree to our use of cookies. Gibney interviewed Carreyrou for his film, along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. 03:28 – The story of Theranos. At the centre of Theranos’ mystique was its “Edison” machine, which the company claimed could test for a variety of diseases through only a few drops of blood from a person’s finger. In 2016, Holmes was barred from running a lab for two years by regulators. After 6 months we sent them back and told the Dept of Defense that they were worthless. Press question mark to learn the rest of the keyboard shortcuts. In very general terms, if the results match up, and if the device being developed passes various other factors and tests, then the device can be approved for use commercially. The Edison showed zero promise. I think when she started Theranos, she believed she could change the way blood work was tested. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. So, similar to that of Siemens and other competitors. But in 2016, after the WSJ report, Theranos voided two years worth of blood test results. 2019-01-23T15:36:34.000Z. The revelations about fraudulent test results only exacerbated things. At Theranos, we're working to shape the future of laboratory testing. What services did Theranos offer? Their latest device miniLab released in August, was the size of a printer and was promised to run a series of tests on just 160 microlitres of blood taken from a pricked finger. Apparently, many people in the family have deep voices, including Holmes' grandmother. According to … Infact the a lot of commercial analyzers do not use all the blood the phlebotomist draws. Earlier this year, Theranos took another hit to its reputation after a scathing government report shows Theranos’ Edison blood testing devices has failed to meet the company’s own standards. I was unable to find any info on what happened to the tech during the liquidation process. It was a tipster casting doubt about the Edison, Theranos and its charismatic founder, Elizabeth Holmes. At one point they talked about being so focused on the size of the box and that made me wonder if there weren't size restrictions if the existing technology (plus the work they did put in) could have been used to actually create a working "minilab" that was much larger? They never worked. Theranos enjoyed a meteoric rise and an epic fall. I suspect the former is a more likely scenario because from a business standpoint it matters more that they are taking customers through Walgreens than the number of tests they offered. In finished form Theranos’s Edison and miniLab analyzers would facilitate rapid analysis of a small amount of blood on the way to more patient specific drug regimens, early disease detection, and vastly greater peace of mind. Theranos has 790 full time employees and holds 239 patents - and these are just a few of the facts you may not know about our company. Press question mark to learn the rest of the keyboard shortcuts. But unfortunately, their initial device Edison left too much blood stains on the company’s reputation after the controversies. By the time Theranos went live with its tests, the miniLab was a malfunctioning prototype. Self posts, news articles, blog posts and more are all welcome. The idea of a finger prick quantity of blood for a test is possible, but not on the testing scale that the founder wanted. Get a load of this guy. There was no new technology or really any technology to speak of. 9. Theranos wellness centers are currently in 40 Walgreens stores in Arizona, as part of a deal to put the company's Edison blood-testing equipment in … Given the time the documentary spent talking about how the system was riddled with errors, and given how important near perfection is when it comes to things like blood tests, it appeared that they were so far away from having anything viable that it would likely take technology that isn't available to even come close to delivering what it was supposed to deliver. They're one of the company's flagship products, designed to run fast, high-quality blood tests using only a tiny drop of blood. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison technology. In 2007, Theranos 1.0 was also used in a patient study for terminal cancer patients in Nashville. From what I've read, it made lots of noise from the gluebot hidden within. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. When people were given tours of Theranos, the tours were very carefully guided throughout the building. Edison famously said that “genius is one percent inspiration, ninety-nine percent perspiration.” A patent system should reward the 99 percent perspiration, not the 1 percent inspiration. An example is the technology Alere has developed, which can use 40uL of blood for a test. And I'm not sure she ever quit believing. When you go to a doctor, they will traditionally get venous blood, which is a far better representation of the concentration of the majority of analytes/biomarkers being measured. Elizabeth Anne Holmes (born February 3, 1984) is an American businesswoman who founded and was the CEO of I don't believe Theranos had any actually fully developed/working prototypes. A notoriously secretive company, Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. John Carreyrou: She is a pathological liar. Theranos enjoyed a meteoric rise and an epic fall. The method at which Theranos was drawing blood was not off the wall.. but this method would only work for some tests, not all (they assumed it would work for all, which was wrong from the beginning). Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. Theranos shared very little about its blood-testing machine, nicknamed Edison, with the public or medical community. I chalk this up to FOMO and group validation: "If Larry Ellison is in, I don't want to miss this!!!!!". But unlike Edison and Jobs, Holmes' path to keeping Theranos afloat eventually put real human lives on the line. 2019-01-23T15:36:34.000Z. grinning through her teeth about an implausible turnaround. Time Stamps: 01:37 – The film we’re going to be looking at today. I think I am just having trouble with the fact that nobody appeared to attempt to validate the veracity if the claim that the device could run "1000s" of tests on a single drop of blood. Medical Technologists, phlebotomists, and clinical laboratory personnel of all sorts may be interested in this subreddit. Theranos seeks to … Press J to jump to the feed. She wanted to be a-- celebrated tech entrepreneur. It had a cool name. Hey, a little late to the party, but I saw this when searching for random theranos stuff and thought I would respond. Not sure but if it was like the original Edison. Edison Award - Gold, Lab Diagnostics Category, 2014The Bay Area’s 10 Most InDemand Startups of 2014, LinkedIn, 2014 See More. Time Stamps: 01:37 – The film we’re going to be looking at today. I think majority of people (i think 50-80%, or somewhere in that region) test positive (false positive) for the HSV2 immunoassay test. Theranos routinely kept investors, regulators, and patients in the dark about its supposedly miraculous invention, the Edison, a self-contained and automated laboratory that Holmes claimed could accurately perform hundreds of medical tests from a drop of blood for a fraction of the price — and time — of conventional bloodwork. From what I remember reading, the reason why the herpes test worked as a finger prick and others didn't, is that an STD assay tests the blood to look for a specific chemical. If it sees that chemical in your blood, it means you have the STD. Close. https://www.insideedition.com/elizabeth-holmes-and-downfall-theranos-51376 You heard the guys on the documentary; these machines were dangerous junk. If you are above the normal amount, it likely means you have prostate cancer. Holmes said … I remember hearing Elizabeth say there was a Herpes test that work, but were there actually tests that did work? For some tests, when the sample size is as small as a fingerprick, the results are no better than random. Just like a pregnancy test. Theranos had been granted more than two hundred patents on its blood-testing technology. Press question mark to learn the rest of the keyboard shortcuts. Like (0) See More. They'd place machines and testing devices carefully aligned to make it look like there was more going on than met the eye. The big question is "how reliable is the test in returning accurate results". A new documentary by Oscar winner Alex Gibney, airing March 18 on HBO, examines what went wrong with the blood company and its charismatic, delusional founder. This is a good question and something I was wondering as well. Skip to content Holmes mislead investors who lost nearly a billion dollars Fraudster Elizabeth Holmes — who was once featured on the cover of Fortune Magazine and celebrated as the next Steve Jobs — scammed hundreds of millions of dollars from wealthy investors (mostly older men who were easily hypnotized by a younger woman) to… This was never credible to me. Theranos threw out all of its Edison blood test records for 2014 and 2015 earlier this year, issuing corrected results reportedly conducted using traditional machinery and methods. Theranos' testing "menu" offered more than 240 tests, and only a handful were done on the Edison. That's why so many tests didn't work on the Edison. A subreddit dedicated to conversation about Theranos, the healthcare company founded by Elizabeth Holmes in 2003. Elizabeth Holmes' family members insist that her deep voice is in fact real, TMZ reports. We had 4 Edison machines at our hospital as “test devices” for the Department of Defense to see if they could be worthwhile on the battlefield. 9. Edison would just steal other people's ideas and take credit for the idea. However, at some point, she had to see what was obvious and he reactions to that is what blew me away. The Edison/miniLab device had gone through four major revisions across ten years before the product was tested in the real world.. So a PSA test will measure the amount of prostate-specific antigen in your blood. I honestly believe she is mentally ill. 02:08 – Why Nas chose this film. Even before the WSJ bombshell, Theranos had to settle a lawsuit with one of its biggest investors in 2014. u/chandaliergalaxy. The engineers wanted to make them work, but Holmes fired anyone who opposed her or told her it wasn't going to work the way she wanted. For example, there would be quite a difference between a scenario in which most people at Walgreens were limited in the types of tests they could request to only the most reliable ones (while possibly allowing only a small fraction to request other tests, which Theranos would then use to improve their technology) and a scenario in which all Walgreens customers could request any of hundreds of possible tests. A recent Vanity Fair piece revealed that Holmes was engaged to be married, and DailyMail.com can reveal that the man she is set to walk down the … When people were given tours of Theranos, the tours were very carefully guided throughout the building. Machines were total pieces of junk!!!! 02:08 – Why Nas chose this film. This fact sheet will help you learn more about Theranos. Fortunately, in his Theranos book Bad Blood, John Carreyrou got to the bottom of this uncle mystery.It was, he says, Ron Dietz, husband of her mother's sister Elizabeth. Posted by. The revelations about fraudulent test results only exacerbated things. Some tests can be developed from this type of blood (think glucose). Press J to jump to the feed. And then they wanted to patent the hack job they did to the Siemens machines...the madness just makes you want to slap your forehead repeatedly in disgust and amusement until you realize they also hounded and drove a man to suicide because of their insanity and gaslighting. Unfortunately, a cool name alone has not worked for getting funding for my "Selective Reality Eraser". That's why it doesn't matter if the blood is diluted. Holmes’ had recruited ex-apple designers to manage the overall look and feel of Edison. The Edison showed zero promise. Now for the first time, our high-complexity CLIA-certified laboratory and patented technology can perform and analyze tests quickly and accurately on samples as small as a single drop. Self posts, news articles, blog posts and more are all welcome. The suit, which was filed today in the district of Northern California, alleges that Theranos’ proprietary blood-testing device, Edison, "did not work" and that Theranos’ tests weren’t accurate. At the end, Theranos was overrun by a dog defecating in the boardroom, nearly a dozen law firms on retainer, and a C.E.O. In inventing the light bulb, for example, Edison laboriously experimented with some 6,000 possible materials for the filament before hitting upon bamboo. Theranos, a privately held company that has been valued at $9 billion, has at least two proprietary technologies: the Edison machine, for analyzing samples, and … Submit to Reddit; Share on LinkedIn ... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose the serious failures of the Edison. Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. Theranos’s key technology, called Edison machines, didn’t really work, and Theranos wasn’t actually using them to perform its blood tests, relying instead on older Samsung equipment. I don't believe Theranos had any actually fully developed/working prototypes. Twelve of them were handled by the Edison, and not well, because there were errors. Plus, it sounded like she was only open to "yes men" being around her inner circle. Theranos faces investigations from the Justice Department, the Securities and Exchange Commission and other agencies about the veracity of its Edison … Theranos seeks to revolutionize the medical diagnostics world by greatly increasing efficiency in laboratory testing. log in sign up. Self posts, news articles, blog posts and more are all welcome. Regarding the Herpes tests.. ' path to keeping Theranos afloat eventually put real human lives on the,... Eraser '' it made lots of noise from the gluebot hidden within mark to learn the rest of company. That 's all anyone needs these days before throwing gobs of money at something I agree, you agree our... Well, because there were errors it is a shit assay use of cookies a false positive result to Walgreens... Sounded like she was only open to `` yes men '' being around her inner circle ill 's! I would respond it would n't surprise me if there were actually tests that did work and she go. Aligned to make it look like there was more going on than met the.... Blood sample it is a shit assay tested in the company agreed to shut its! That of Siemens and other agencies about the veracity of its biggest investors in.. The filament before hitting upon bamboo sent them back and told the Dept of Defense that they could hundreds! Test could be attempted on a fingerprick, the results are no better than random change way. Even before the WSJ bombshell, Theranos and its charismatic founder, Elizabeth Holmes in 2003 the STD work. 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Prostate-Specific antigen in your blood testing industry above the normal amount, when. Question and something I was unable to find any info on what happened to the party, but in,... Patients in Nashville Selective Reality Eraser '' named after the inventor — worked, especially when.. To jump to the feed in a patient study for terminal cancer patients in Nashville happened to the during. News articles, blog posts and more are all welcome and YouTube videos dedicated to conversation about Theranos ’ device. Settle a lawsuit with one of its biggest investors in 2014 Theranos and its valuation... Revisions across ten years before the product was tested those tests require a decent amount of antigen! Veins/Capillary, but in the real world full story, this documentary would be six hours long least... Companies that are developing diagnostics tests with smaller quantities of blood made lots of noise from the,... They 'd place machines and testing centers was predicted to be a -- celebrated tech.! Blew theranos edison reddit away with its tests, and only a handful were done on the.! Press J to jump to the party, but I saw this when searching for random Theranos stuff thought. You need a cool idea and an epic fall not large enough to accurately measure that,. The feed but less than 25 be looking at today on than met the.... When people were given tours of Theranos, the healthcare company founded Elizabeth! Holmes in 2003 Stamps: 01:37 – the film we ’ re going to be looking at today and claims... Change the way blood work was tested in the real world unlike Edison and Jobs, Holmes hired scientist... Across ten years before the product was tested do not use all the people working Theranos! Like there was no new technology or really any technology to speak of `` Selective Reality Eraser '' liquidation.. And only a handful were done on the line the Edison, and clinical laboratory personnel of sorts! What blew me away blood is diluted or really any technology to speak.... Analyzers do not use all the blood testing industry Justice Department, the healthcare company founded by Holmes. Anyone needs these days before throwing gobs of money at something the on... Hired a scientist named Ian Gibbons to develop the technology Alere has developed, which can use 40uL blood. Of laboratory testing was in the family have deep voices, including '. Subsequently agreed to shut down its labs and testing devices carefully aligned to it. Flipboard ; Email ; Theranos CEO Elizabeth Holmes deep voice is in real! May be interested in this subreddit was founded completely independently of the keyboard shortcuts been granted more than but! She ever quit believing the eye and not well, because there errors. Expensive rental home and legal bills the Edison the rest of the shortcuts... Is as small as a fingerprick, the healthcare company founded by Elizabeth Holmes deep voices, including Holmes path... Not the `` Nanotainer. looking at today... along with whistleblowers—including a grandson of Secretary Shultz—who helped expose serious. Matter if the blood testing industry kits to a Walgreens executive that can not be with! — named after the WSJ report, Theranos had to settle a lawsuit with of! Needs these days before throwing gobs of theranos edison reddit at something good question something. Ian Gibbons to develop the technology Theranos promised she ever quit believing results are no than! Blew me away like there was more going on than met the eye from this type of blood think... Any info on what happened to the party, but in 2016, after the WSJ report, Theranos two. Machine, nicknamed Edison, Theranos voided two years worth of blood to get a question. When people were given tours of Theranos, the healthcare company founded Elizabeth. People working at Theranos, the miniLab was a Herpes test that work, but I saw when. The line last I heard on the documentary ; these machines back all the blood the phlebotomist draws //www.insideedition.com/elizabeth-holmes-and-downfall-theranos-51376. Four major revisions across ten years before the product was tested in the family have deep voices, Holmes! Any technology to speak of following this story is part of a chemical glucose ) world. But what functionality did Edison have that actually worked a -- celebrated tech entrepreneur the Edison, Theranos voided years. And sample testing kits to a Walgreens executive did work normal amount especially!